Macroaxis considers Delek US to be not too volatile. Delek US Holdings
secures Sharpe Ratio (or Efficiency) of -0.5201 which denotes Delek US Holdings
had -0.5201% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Delek US Holdings exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Delek US Holdings Coefficient Of Variation
of 192.86 and Mean Deviation of 0.9847 to check risk estimate we provide. Macroaxis gives Delek US performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1783 which denotes to the fact that as returns on market increase, Delek US returns are expected to increase less than the market. However during bear market, the loss on holding Delek US will be expected to be smaller as well.. Even though it is essential to pay attention to Delek US Holdings historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Delek US Holdings exposes twenty-one different technical indicators which can help you to evaluate its performance. Delek US Holdings has expected return of -0.9097%. Please be advised to confirm Delek US Holdings Treynor Ratio, and the relationship between Variance and Potential Upside to decide if Delek US Holdings past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.68 |
Delek US Holdings has good predictability. Overlapping area represents the amount of predictability between Delek US time series from September 17, 2018 to October 2, 2018 and October 2, 2018 to October 17, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Delek US Holdings price movement. The serial correlation of 0.68 indicates that around 68.0% of current Delek US price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.69|